Creative Newtech Limited Announces CFO Resignation Effective April 14, 2026
Creative Newtech Limited announced the resignation of its Chief Financial Officer (CFO), Mr. Abhijit Divakar Kanvinde, effective April 14, 2026. The Company confirmed that the resignation was tendered on the same date.Mr. Abhijit Divakar Kanvinde stepped down from the role of Chief Financial Officer due to personal reasons. As stated in his resignation, the decision was attributed to his advancing age, certain health considerations, and the demanding nature of the working hours associated with the position. Mr. Kanvinde also confirmed that there were no other material reasons for his departure beyond those stated.
The resignation has been formally accepted by Mr. Ketan Chhaganlal Patel, Chairman and Managing Director of Creative Newtech Limited, on April 14, 2026.
The details of the change in key managerial personnel are summarized below:
| Requirement | Detail |
|---|---|
| Key Role | Chief Financial Officer (CFO) |
| Departing Individual | Mr. Abhijit Divakar Kanvinde |
| Date of Resignation | April 14, 2026 |
| Reason for Departure | Personal reasons, including advancing age, certain health considerations, and the demanding nature of working hours. |
| Confirmation | Mr. Kanvinde confirmed there are no other material reasons for his resignation. |
The Company noted that the transition of responsibilities will be managed to ensure a smooth handover of duties.
CNL Stock Price Movement
On Monday, Creative Newtech Limited shares edged higher, settling at ₹608.8 after gaining 1.31% from the previous close. The equity finished the session with a total traded volume of 3,758 shares.Source:
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